E Cannabis Central: Pot Stock Index Surged On Friday

The munKNEE Pure-Play Pot Stock Index went UP 5.6% on Friday. 23 of the 25 constituents went UP and 2 had No Change in price. In addition, all 3 index categories also went UP. The winners and losers are as follows:

Index Performance

The constituents in the Index operate in 3 categories based on their primary area of focus in the cannabis industry and the constituents within each category are identified below with how each of the categories did along with those stocks within each category that changed price by 5% or more:

  1. The Vertically Integrated (i.e. Seed-to-Sale) Category went up 5.6% on Friday. The category consists of  22 index constituents that grow, process, and sell cannabis and hemp flower and related products.
    1. The Canadian Licensed Producer (LPs) Sub-Category went up 10.1% Only 6 of the 7 index constituents within the category changed prices by 5% or more, as follows: 
      1. Aurora (ACB) +20.2%
      2. Tilray (TLRY) +13.8%
      3. Aphria (APHA+10.3%
      4. Organigram (OGI) +9.0%
      5. Canopy (CGC) +7.9%
      6. Cronos (CRON) +6.3%
    2. The U.SNon-Hemp Multi-State Operator (MSOs) Sub-Category went up 3.2% but only 2 of the 13 index constituents in the category changed price by 5% or more, namely:
      1. Harvest Health (HRVSF+8.4%
      2. Jushi (JUSHF+6.8%
    3. The Hemp Seed-to-Sale MSO Sub-Category went up 6.7% with one of the two index constituents in the category changing in price by 5% or more, namely:
      1. Charlotte's Web (CWBHF) +8.0%
  2. The Extraction Category went up 3.2%, This category focuses on the extraction of cannabis compounds and their infusion into consumer products, but neither of the 2 index constituents within the category changed price by 5% or more.
  3. The Consumption Devices Category went up 12.7%. This category has only one index constituent, Greenlane (GNLN), which is focused on developing and selling personal consumption devices for cannabis consumers, such as vape pens and inhalers.
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